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GBP/JPY Outlook (09 December 2021)

Short
British Pound / Japanese Yen (FX:GBPJPY)  
JinDao_Tai  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Forex macro technical trend GBPJPY Contains image
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trendanalysis forex macro technical trend gbpjpy containsimage
Overall, GBP/JPY is trending downwards.

Currently, GBP/JPY is bouncing up from the key level of 150. Its next support zone is at 148.900 and the next resistance zone is at 151.000.
Look for short-term selling opportunities of GBP/JPY if it breaks below the key level of 150.
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